CERAWeek has long been something of a safe space for the oil industry, where delegates trade gossip, do a little business and speculate over drinks and ballroom chicken where their beloved, if mercurial, market might be headed.
This year’s get-together, the 38th and organized as usual by IHS Markit, was called “New world of rivalries: Reshaping the energy future.” CERAWeek’s headline themes have shifted over the years, with energy security and growth prominent in boom times and risk coming to the fore after the 2008 crash. Since the start of the dislocation in 2014, however, the consistent element is change.
